Foundation exec joins Lafayette Square

Impact-oriented investment firm Lafayette Square has hired the Annie E. Casey Foundation’s Don Baylor Jr. as managing director of services. Baylor will lead the Lafayette Square’s efforts to develop targeted and impactful services that accompany the New York firm’s investments and support economic opportunity in the areas of housing, jobs and financial inclusion. The firm recently received initial launch capital from Morgan Stanley. Founded by Damien Dwin in 2020, Lafayette Square was built to confront societal challenges with targeted investment strategies that drive measurable change and positive social impact in areas of financial inclusion, housing and jobs. Within financial inclusion, officials plan on making seed and stake investments in diverse investment managers and work with them to scale their business. “We’re thrilled to have Don join our team to spearhead efforts to build and deliver value-added human services which, when combined with our capital, can make a lasting difference,” said Lafayette Square Founder and CEO Dwin. “The communities we’re focused on have historically been shortchanged on both capital and human services that allow people to benefit from that capital and Don will help us change that.” Previously Baylor was a senior program officer at Baltimore-based The Annie E. Casey Foundation, where he oversaw the foundation’s family financial services, asset building portfolio and racial wealth gap strategies. Prior to the foundation, he was a senior associate with the Urban Institute in Washington, D.C., where he focused on expanding economic opportunity.

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